Washington Free Beacon (March 7) — Iran is scheduled to receive another $550 million in unfrozen assets from the Obama administration on Friday, just days after Tehran unveiled a slew of new weapons and advanced ballistic missiles.
Iranian banking authorities on Wednesday confirmed that another $550 million is now on its way to Tehran under the interim nuclear accord inked last year with the United States and other Western nations.
The United States has agreed to unfreeze a total of $4.2 billion in Iranian oil assets over the next several months. Experts have warned that because the money is being given to Iran with no strings attached it could go to fund terror-related activities or even Iran’s nuclear program.
The latest cash delivery comes as Tehran unveils a slew of advanced weapons, including ballistic missiles capable of “precision targeting.” Iran was also caught smuggling a shipment of weapons to Palestinian terrorists in the Gaza Strip on Wednesday.
Iran’s Defense Minister announced on Wednesday that the military had made great progress in approving the accuracy of its ballistic missile guidance system, which Tehran views as a deterrence to the U.S. and Israeli militaries.
“The guidance systems of (the missiles delivered to the IRGC) today enjoy the capability of striking the targets with full precision, and they have a margin of error below five meters,” Brigadier General Hossein Dehqan announced, according to Iran’s Fars News Agency.